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Commercial Building & Real Estate
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Total Access Elevator Continues to Grow with the Acquisition of American Elevator Inc.

LOS ANGELES--(BUSINESS WIRE)--Total Access Elevator Continues to Grow with the Acquisition of American Elevator Inc....
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ASI and SoftBank Group Form Joint Venture to Advance Autonomous Construction at Scale

MENDON, Utah--(BUSINESS WIRE)--Autonomous Solutions, Inc. (ASI), the worldwide leader of industrial vehicle automation and creator of Mobius®, the platform that defined Industrial Autonomous Fleet Orchestration (IAFO), has formed a joint venture with SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) focusing on the development and commercialization of autonomous construction equipment for large infrastructure projects. The joint venture has been capitalized by SoftBank Group for meaningful sca...
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Knife River Reiterates Focus on Disciplined Execution and Shareholder Value Creation

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) (“Knife River” or the “Company”) issued the following statement in response to the letter it received today from Starboard Value LP and certain of its affiliates (“Starboard”): The Knife River Board of Directors (the “Board”) and management team welcome input from shareholders and are always open to constructive dialogue in the interest of enhancing shareholder value. The Company first learned of Starboard’s investment on Sept...
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Corgan Relocates Washington, D.C. Office, Expanding Space for Growth and Collaboration

WASHINGTON--(BUSINESS WIRE)--Global architecture and design firm Corgan relocates its Washington, D.C. office to support growth, collaboration, and expansion....
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The NRP Group and Marshall Heights Community Development Organization Announce the Opening of Emblem Apartments, a 115-Unit Affordable Housing Community in Washington, D.C.

WASHINGTON--(BUSINESS WIRE)--The NRP Group, a vertically integrated developer, owner, builder and manager of multifamily housing, in partnership with Marshall Heights Community Development Organization, Inc. (MHCDO), today announced the completion and opening of Emblem Apartments, a 115-unit affordable housing community located in the heart of Washington, D.C.’s NoMa and Union Market neighborhoods. The new community expands access to high-quality, deeply affordable housing in one of the distric...
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Trebellar Raises $18M Series A to Bring AI to Corporate Real Estate Management

SAN FRANCISCO--(BUSINESS WIRE)--Trebellar, a company building AI-native decision making for corporate real estate management, today announced $18 million in Series A funding led by Blossom Capital, with participation from Haystack, Alt Capital, 1Flourish, and Bynd. The investment reflects growing enterprise demand and investor confidence that corporate real estate, one of the last major back-office functions without dedicated software, is the next to modernize. Corporate real estate is one of t...
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Ross Croley Named Chief Executive Officer of Inhabit

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Ross Croley becomes CEO of Inhabit, a global leader in property management software solutions, to focus on the company's AI transformation....
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Kansas Entertainment Announces Groundbreaking Ceremony for New Hotel at Hollywood Casino at Kansas Speedway

WYOMISSING, Pa. & KANSAS CITY, Kan.--(BUSINESS WIRE)--Kansas Entertainment, LLC, a joint venture between PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) and NASCAR™️, will host a groundbreaking ceremony on Friday, September 25, 2026, at 10:00am CST for a new boutique hotel adjacent to Hollywood Casino at Kansas Speedway (“Hollywood Casino”). The hotel will be affiliated with the Tribute Portfolio, part of Marriott Bonvoy, and will be financed, developed, and operated by Prime...
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American Crescent Elevator Joins Forces with Stark Elevator, Expanding Gulf Coast Coverage Through the Ascend Safety Collective

METAIRIE, La.--(BUSINESS WIRE)--American Crescent Elevator Corporation ("American Crescent"), an independent elevator company serving Greater New Orleans since 1976, today announced that it has joined forces with Stark Elevator ("Stark"), a Texas-based provider of elevator maintenance, repair, modernization, and inspection services. Through the partnership, completed this month, American Crescent joins the Ascend Safety Collective ("Ascend"), a network of leading independent elevator service co...
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Perini Management Services, Inc. Awarded $43 Million U.S. Coast Guard Astoria Fast Response Cutter Homeport Phase 2 Project

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (“PMSI”), has been awarded a contract valued at approximately $43 million by the U.S. Coast Guard (“USCG”) to design and construct improvements at USCG’s property at East Tongue Point in Astoria, Oregon.The project scope includes construction of facilities to accommodate the homeport...